Press Release / Government / The Government has submitted to the Board of FARCAMA a Recovery Plan to Ensure the Realization of the Fair

The Government has submitted to the Board of FARCAMA a Recovery Plan to Ensure the Realization of the Fair

Spain, May 20, 2013 - The Minister of Employment and the Economy of the regional executive, Carmen Home, announced today the proposal made by the government led by Maria Dolores Cospedal FARCAMA Board, with the intention to "restore the direct management of the Craft Fair of Castilla- La Mancha to provide it with economic viability through a reorganization plan, and achieve so really profitable for artisans ".

In this sense, Casero said that "the Fair throws accumulated losses of nearly three million in the last decade, of which 400,000 euros are in payment appropriations requested suppliers and to banks by the previous government to balance the accounts of the previous years. " Based on these data, Casero added, "we feel the obligation FARCAMA stabilize the economy, to make the Fair more profitable for artisans and ensure its conclusion".

During the celebration of the Board, the Minister of Employment and the Economy has ensured that "FARCAMA shall continue to be in the city of Toledo and on schedule", but has stated that, for the moment, "the intention is not to hold on installed pavilions Peraleda, finding these in an unclear situation, which currently does not allow held there. " Home has also referred to the "lack of a tender during the last tender document has been undertaken by the City of Toledo".

Under this situation, the minister continued, "the Government of Castilla-La Mancha has spent months working on the elaboration of budgets that balance FARCAMA Fair accounts, support artisans looking for the best possible location and above all, ensuring the continuity of it, which have followed on the same line would have been unworkable ".

Alternative Budget
Home Carmen recalled that in recent years the fair has yielded constant financial losses, which corrected boosting bank lending, which worsened the economic situation of FARCAMA by overspending. Therefore, the Ministry of Employment and the Economy has presented an alternative budget, which will be studied by the other members of the Board in the coming days so that "they can balance revenue expenditure, meet outstanding obligations and eliminate part of the debt of the Fair ".

The Minister of Employment and the Economy also announced the intention of the Government of Castilla-La Mancha to seek new employers to the exhibition, with the aim of increasing the revenue, while also highlighting the importance of attracting more public to the Fair to "improve sales, bet on having more international buyers, innovate to avoid stagnation and, above all, do everything possible so that the craftsman actually increase their benefit."

Home also has moved to the members of the Board of FARCAMA the importance of "the rest of the patrons of the Fair actively collaborate with the Government of Castilla-La Mancha in the execution of the same and, thus, to row all in the same direction to achieve the end result is satisfactory to the craftsmen ".

Finally, the Minister of Employment and the Economy has also urged the City of Toledo to conduct the economic contribution rightful Patron because "so far this has resulted in zero euros, while the rest of the government if ’s made, "he concluded.

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